Topic: Currency News
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Global data undercuts dollar’s rebound
German confidence ‘banks’ lower; sterling jumps after hot UK wage inflation; and C$ shows little change after inflation cools to 4.3%.
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Pound climbs as UK wage growth jumps
UK wage growth adds to inflation woes; dollar stalls as China’s economy rebounds. We analyse the most traded currency pair in the world – EUR/USD, and ascertain how rate differentials are key for the euro.
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Chinese GDP in focus as Aussie, kiwi drift lower
Europe will also be in focus this week, as markets settle after the US dollar’s spike on Friday.
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Dollar stabilizes as attention turns to Fed
Euro slips from 1-year high while sterling falls to 1-week low, and C$ looks to data for direction.
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Barrage of data to drive FX this week
Is UK data to sway BoE decision? Hike in May, but expected cuts still weigh; while hawkish ECB tones support the euro.
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Australian and New Zealand dollars reverse from highs
US inflation expectations shock markets, sending the Aussie and NZD into a spin.
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